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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Operating Sphere+Region
Trade unions of Hyundai’s plant in Nosovice declared strike emergency
December 7, 2009 | 09:09pm CEToriginalThe unions demand reducing overtime work to a minimum and an extra bonus of CZK 5,000 in addition. The trade union is registering increased interest in memberships…
read moreCCS: Driving fuels slightly cheaper in Czech Rep last week, stagnated in Slovakia
December 7, 2009 | 08:20pm CEToriginalPetrol sold at Czech filling stations became cheaper by 5 hellers, diesel by 11 hellers. During the coming days, analysts expect…
read moreInterest in certain technical fields in secondary schools increasing
December 7, 2009 | 07:19pm CEToriginalThis year there were 3,341 students enrolled in study in machinery industry and 4,354 students in the study of mechanic/repairer of motor vehicles. Considering the studies of cartronic, electrotechnician and electrician...
read moreHome Credit: Czechs take away 7-year old car of lower middle class from used car shops most often
December 7, 2009 | 05:34pm CEToriginalAn average customer decided for hire sale financing get a credit of CZK 126,000 and pays it off for 51 months. The most popular brands and the difference in preference of men and women…
read moreAudi A6 on leasing or credit without interest until end of this year
December 7, 2009 | 04:48pm CEToriginalThe offer refers to all versions—to the limousine, the Avant and the allroad. A client will also receive an administratively legal assistance SkoFIN Assistant…
read moreHyundai has new dealership in Trebic, showroom has been opened by Auto Activity there
December 7, 2009 | 03:54pm CEToriginalAuto Activity is now operating in five premises in Vysocina region and in the neighborhood where it is dedicated to brands Ford, Mazda and newly also to Hyundai...
read moreCitroen offers Berlingo, Jumpy and Jumper in Professional edition with extra equipment
December 7, 2009 | 02:51pm CEToriginalCustomers can thus save up to CZK 27,000 excl. VAT. The Professional packet includes different equipment within each model, prices of the particular versions…
read moreDealers of Skoda cars in Czech Rep complain that carmaker does not impose equal conditions
December 7, 2009 | 01:36pm CEToriginalThe complaint is now being resolved by the Office for the Protection of Competition. The carmaker reportedly dictates them suppliers of equipment for service shops and showrooms…
read moreTriglav to support on-line sales of damage liability by discount for middle-aged generation
December 7, 2009 | 12:24pm CEToriginalYoung people have got accustomed to the Internet insurance already. Moreover, the insurance company is preparing accident insurance, on-line credit card payment…
read moreGeneral Motors has not established itself in India much, SAIC to help it
December 7, 2009 | 11:50am CEToriginalBoth carmakers will establish a joint venture in India. At the same time, GM has settled a majority stake in a joint venture in China on the company SAIC…
read moreUniCredit Leasing offers advantageous operating lease for limited editions of BMW 1 and 3 Series
December 7, 2009 | 11:25am CEToriginalThe company guarantees the residual value of the car after the lease contract finishes with a possibility to buy the car back for this price…
read moreFall in sales broken at 23.3% in Slovakia in November
December 7, 2009 | 10:57am CEToriginalThe most demanded brand among passenger cars and light utility vehicles remains Skoda, but its market share went down by...
read moreGeneral Motors reportedly to cut 8,300 jobs in Opel only
December 7, 2009 | 10:10am CEToriginalHowever, the carmaker spoke of cutting approximately 9,000 jobs last time. The plan estimates paying off a state help by 2014 and proposes to close Opel’s plant in...
read moreSales of new passenger cars and light utility vehicles up by 4.1% in Czech Rep in November
December 4, 2009 | 05:29am CEToriginalNovember sales were pulled by firms, a year ago by private customers. Since January until November, registrations declined by...
read morePart of employees in Czech plant of Hyundai were on strike because of overtime
December 4, 2009 | 04:41am CEToriginalEmployees in production currently work 16 hours per month overtime. The carmaker wants to negotiate with the employees though. Changes in the organization of production may occur…
read moreVolkswagen to invest EUR 2.4 billion in Brazil over five years
December 3, 2009 | 08:26pm CEToriginalThe carmaker expects demand for passenger cars to rise in the country by 2014 from the current 3 million cars per year to…
read moreAutomotive Industry Association to be led again by Martin Jahn for next two years
December 3, 2009 | 07:29pm CEToriginalJiri Cerny (TPCA), Pavel Juricek (Brano Group) and Oldrich Svoboda (Hella Autotechnik) have been affirmed as SAP vice-presidents. Other members of the board…
read moreScania introduced Scania Approved program for sales of used trucks and buses
December 3, 2009 | 05:28pm CEToriginalThe carmaker thus grants the condition of vehicles in a sale. The output is then granting a certificate with results Excellent, Very Good or Good…
read moreTriglav offers copying of bonuses from damage liability to accident insurance in special offer
December 3, 2009 | 04:45pm CEToriginalThis offer applies to bonuses provided by other insurance companies, too. The insurance company has registered a growth in the number of newly concluded contracts of damage liability this year…
read moreRussia reportedly could obtain a share in carmaker Renault in exchange for AvtoVAZ’s stock
December 3, 2009 | 04:20pm CEToriginalRenault together with other shareholders of AvtoVAZ, Russian state investment group Russian Technologies and Moscow-based bank Troika Dialog, will sign an agreement…
read moreGM not to dismiss employees in Ellesmere, UK; unsure in Luton, UK and in Gliwice, Poland
December 3, 2009 | 03:55pm CEToriginalGM wants to increase production in Ellesmere even and to introduce a three-shift operation from 2011. There will soon begin production of Opel Astra Sports Tourer…
read moreGeneral Motors CEO Fritz Henderson stepped down after eight months
December 3, 2009 | 02:54pm CEToriginalHe will temporarily be replaced by GM board chairman Ed Whitacre. GM also said that it would consider offers for Saab by the end of the year or would close the division…
read moreTata Motors want to expand distribution and dealer network in Europe in coming years
December 2, 2009 | 11:43pm CEToriginalThe carmaker has representation in Italy, Spain and Poland currently. Tata cars are sold in Slovakia as well, not in the Czech Republic yet. This year sales of Tata cars in Europe will be…
read moreSecond European importer of Chinese cars went bankrupt this year already - HSO Motors Europe
December 2, 2009 | 11:10pm CEToriginalA. Charouz is still interested in bringing Brilliance brand on Czech and Slovak markets and will negotiate with the new European distributor…
read moreSeveral investors interested in indebted German automotive supplier Olho, maybe IAC Group too
December 2, 2009 | 10:30pm CEToriginalThree companies from the Olho Group has been insolvent since the summer; the Czech plant not though. A decision on choosing an investor should be taken by…
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